In my last post I wrote: “The country’s #1 priority for the next decade should be to get our financial house in order - not coming up with extravagant new spending programs.” An article today shows why:
WASHINGTON – It’s bad enough that Greece’s debt problems have rattled global financial markets. In the world’s largest economic [...]

With massive new entitlements in the pipe, and Social Security and Medicare soon to run short of money, Democrats are searching for a new source of tax revenues. The Democrats’ dream, of course, is to complete the transition of the US into a European-style welfare state. One problem with this is that someone (everyone) has [...]

I am in Copenhagen, Denmark today. This is a fine country. But at dinner tonight with a Danish acquaintance from a company that I am visiting I learned that there is something rotten in the state of Denmark. And that is: high taxes.
My Danish acquaintance at dinner, an engineer at a major European electronics company, [...]

Let’s talk about federal income taxes. To simplify, I’ll approach this like Q and A.
What percentage of US workers pay no net federal income tax?
In 1984, 18% of income earners paid no net income tax. But lately, “some 45.6 million tax filers—one-third of all filers—have no tax liability after taking their credits and deductions [...]

Now that Obama will be the Democratic nominee for president, it is time to start paying more attention to what he is proposing for policies. While I like Obama, his policy proposals are those of an old school liberal. Just take the New Deal, the Great Society, and even Jimmy Carter liberalism - add a [...]

Non-profits perform important functions in America. The category non-profit brings to mind noble intentions, unlike those, you know, big evil corporations who only care about profits. But it ends up that many non-profits are actually raking in the profits. So if non-profits are quietly making profits, and stuffing away cash and buying stocks and bonds [...]

I took my daughter to the ER Sunday morning because she had a lot of pain in her left kidney. After briefly searching on the internet before we left, it seemed pretty clear it was a kidney infection or a kidney stone. Since she is very young to get a kidney stone, I (and my [...]

The Club for Growth is a group supporting free market economic policies and limited government. They have reviews of each presidential candidate regarding their records on economic matters. Not all Republicans look that good. For example, here is the conclusion reached regarding Iowa winner Mike Huckabee:
Governor Huckabee’s record on pro-growth, free-market policies is a mixed [...]

Yesterday I learned that to keep my current role as a systems & electrical engineer at the company I work for, I must move from the Dallas area to Silicon Valley in California. Since my current job role as an engineer is a really good one (I like my job), I will have to think [...]

In my last post I said that the idea of taxing pollution rather than other activities seemed in general like a good idea.
But a concern though is that in practice politicians may treat pollution taxes like the cigarette tax. It is just a source for easy endless tax increases that they can get away with [...]

When should you be taxed? When you work hard and make money (income and payroll taxes)? Or when you buy something (sales taxes)? Neither of these seems very appealing. But how about this: Tax a person or business when they pollute.
I do not favor increasing taxes so that the net national tax load becomes a [...]